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Inspiring stories

Keep up to date with our latest news and read the growth stories of some of our investments in Angola, DRC Congo and Uganda.


XSML Capital raises US$ 98.7m in first close of ARF IV

11 March 2024

XSML Capital, a leading provider of growth capital to SMEs in Central and Eastern Africa, has launched its 4th fund, African Rivers Fund IV (ARF IV), with a first close of US$ 98.7 million. The new funding allows XSML to double its investments and impact over the coming years and follow investees into new markets like Zambia.

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"I started again from scratch"

19 April 2023

BIO, Belgium's development bank, shared the story of how one of the women entrepreneurs in our portfolio, founded her company. Sibyl set up DPXL, a company in Kinshasa that specialises in designing and producing urban signs and billboards.